NEWS

BRUNSWICK, ME – U.S. Senator Angus King this week joined Senator Dick Durbin (D-Ill.) and 42 of their Senate colleagues to send a letter to Consumer Financial Protection Bureau (CFPB) Acting Director Leandra English and Office of Management and Budget (OMB) Director Mick Mulvaney urging them to end efforts to undermine and repeal the CFPB’s payday lending rule, which helps rein in predatory business practices by payday lenders nationwide that are designed to exploit the financial hardships facing millions of hardworking families.Read full press release.